Closing the account and ignoring/refusing to pay the credit card balance is a HORRIBLE idea. When this wrecks your credit as they send it to collections you may regret this choice. I would contact Citi again and try to dispute the charges. Contact the shoe store on social media and see if you can ge...

I did a quick comparison using the annual return data in Portfolio Visualizer of both US stock market and Global ex-US Stock market assets for rolling 10 and 15 year periods from 1986 to 2018. During this period US stock market outperformed International in 17 out of 23 rolling 10 year periods and 1...

If retiring before Medicare any more than a few years out I would want to make sure my financial plan is robust enough to be able to cover the cost of insurance premiums unsubsidized. Any plan based on current ACA costs and borderline is very risky as we have seen a lot of changes in the health insu...

My wife and I are both applying for term insurance. We are both in our twenties. I work a regular job and my wife is currently volunteering her time. Because my wife is a "non-working spouse" her maximum coverage amounts (years and dollars) seems to be tied to the amount of term life insurance cove...

I have IRA at Schwab with the bond fund SWAGX, US aggregate bond fund index. Being that the IRA has RMD being taken out of it, if the bond index is being used to sell for the RMD, and the proceeds to be reinvested in the taxable side - what bond fund at Schwab could be used that is like the SWAGX b...

I think rather than arbitrarily looking at the most recent 10 years, the sensible way to compare is to look from a market high to another high or from a low to a low. From the high in 2000 to the high in 2007 international won, same for the 2002 low to the 2009 low. All the outperformance of US is ...

I would put the idea of buying a house on pause until married and settled for at least a year. Pile up money in a taxable account in the mean time. Do you also plan to save up for the cost of the wedding? Ring + wedding = expensive, especially such an expensive ring at your income level. I would wor...

I guess the good news is those funds are DFA funds which some bogleheads actually like on here. To buy these funds you need an advisor in almost all cases. So to me it comes down to do you think you are getting sufficient value from your advisor to pay him. You are going to be hard pressed to find a...

Those schemes like the "Australian Mortgages", “mortgage accelerators”, “money merge accounts”, “freedom mortgages”, and John Commuta’s “Transforming Debt Into (his) Wealth" capitalize on a general lack of understanding of how compound interest works and how even a little extra money per month can ...

I understand that VTI is an ETF and VTSMX is a index fund and their performance is identical. My question is then, why would you not choose VTI with the lower fees? Some people do not like ETF's and prefer mutual funds. There are pros and cons to holding ETF's vs mutual funds. Here is the wiki on t...

Your 2015 SUV is likely depreciating at a much lower rate than a new 2019. So the longer you drive your 2015 the better financially you will be. While it is true the 2015 will have a lower trade in value in the grand scheme of things it will be at lower rate than 2019. The "value" of the 2015 might...

At the risk of bumping this thread this article popped up in CNNMoney. It seems the idea of taking Tesla private is maybe more serious and Musk is expecting this can be done with Saudi's money: https://money.cnn.com/2018/08/13/news/companies/elon-musk-tesla-saudi-fund/index.html Buying all Tesla's s...

Your 2015 SUV is likely depreciating at a much lower rate than a new 2019. So the longer you drive your 2015 the better financially you will be. While it is true the 2015 will have a lower trade in value in the grand scheme of things it will be at lower rate than 2019.

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...

When Vanguard was thumping the competition with unbelievably low ER's , it made sense for that cost to be a significant factor when choosing a provider. But once the fees are close to identical or with very little difference, it loses its compelling consideration compared to the past. That's what I...

Whatever you can pay with cash. +1 -1. Today I can write a check for 1 million+ dollars. There is no way any reasonable person can justify paying that much at my network. When I was 22, I could pay like 1.5k in cash. I could afford 15k car with no problems. Certainly the point was not to spend all ...

Credit score is the least of your worries. The credit score and interest rate tell the story of poor financial decisions. I agree with the posters to sell the car and buy a cheaper one. You will need to get a small personal loan to pay the difference and buy a beater. I would also recommend Dave Ram...

I really cannot believe some of these replies, considering the average American household will easily drop 30k with a 50k household income. :happy The average American household is broke, in debt up to their eyeballs in consumer and student loans, living pay check to pay check and not saving for re...

Who is going to pay this person's expenses when they run out of money in 20-30 years? The options are to cut the budget to a reasonable number within the 3%ish withdrawal rate. Something like a 70/30 asset allocation and 3% withdrawal rate. Whether some of the money is used to buy the housing or not...

Are you telling me I could move everything to Fidelity with in-kind transfers? And thus I could completely eliminate any time out of the market? I've been looking at this issue (for after-tax investments) over the last couple days ICW moving from Vanguard to Fidelity. ETFs can be moved from Vanguar...

What is the ticker? I can not find it in a quick internet search. I think it was a trick question; Fidelity has no such fund, showing the value Vanguard provides across the fund complex (in WCI's opinion anyway). IJS is free to trade at Fidelity, which could explain (perhaps) why they do not have t...

So the answer to the OP question posted on March 28 is clear- anyone buying at the then prevailing stock price could have made a profit of about 100 points by selling this week. Not too many of us were saying yes. And I am still saying yes, would hope that my stock position, which has more than dou...

Forgive me if this was highlighted in one of the longer threads, but this chart seems to me as big a story as the introduction of the two ZERO expense funds. Other Fidelity index funds have expense ratios on average half of Vanguard's expense ratios. http://i65.tinypic.com/t85aiq.png If there is so...

Ok...I know we've beaten this horse to death a thousand times already but please bear with me. I know there are many pros and cons on whether to pay off entire mortgage if one can afford. One cons (or risk) that is at the back of my mind is "what happens in a worse case, total lost event that is no...

So isn't this risk sufficient enough NOT to pay off mortgage? Please advise if there's something wrong with my logic. Thanks. No its not, what you are missing is that every mortgage payment a sizable chuck of the payment goes to the bank. Its gone, lost to your forever in the form of the interest p...

Don't the relative tax inefficiencies of Fidelity's funds (at least FSTVX) when compared to their most comparable Vanguard funds end up cancelling out the lower fees? I don't have total understanding of this but I thought that was the information I had seen. I could be wrong. I made a quick calcula...

IRA's and taxable accounts count in determining wash sales. May I ask ... does selling from Roth IRA's count as well? (since there are no declarable tax losses) I've been balancing out of total international fund in Roth & am want to buy more of ETF in taxable. Thanks in advance Buying and selling ...

Don't the relative tax inefficiencies of Fidelity's funds (at least FSTVX) when compared to their most comparable Vanguard funds end up cancelling out the lower fees? I don't have total understanding of this but I thought that was the information I had seen. I could be wrong. I made a quick calcula...

Based on my portfolio and your table I would save about $250 on expenses alone by switching from VG to Fido. However there would be capital gains on the after tax piece that would swamp the savings. In addition I would have to get to know the Fidelity culture, which by the posts I see on this site ...

I'm not sure if this was mentioned yet or not but the SEC has opened a probe of the Musk tweets: https://sanfrancisco.cbslocal.com/2018/08/09/sec-investigation-elon-musk-tesla-buyout-tweet/ The claim that funding had been secured for taking Tesla private will be an interesting one for him to prove t...

Believe it or not but as was posted in the last rant thread on Vanguard brokerage vs mutual fund accounts that Vanguard will be transitioning all accounts to brokerage accounts in the near future. I would not be making long tern plans based on the mutual fund structure. However, we also know Vanguar...